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15,605.48
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US 10 Yr
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8,144.82
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Crude Oil
79.66
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Gold
2,319.90
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Euro
1.07
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Pound/Dollar
1.25
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+0.07%

Watch: Powell Says Fed's Next Move Being a Hike Is Unlikely

Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain

Weight Loss Drugs As US Prescriptions Skyrocket Weight Loss Drugs As US Prescriptions Skyrocket
George Frey/Bloomberg

Latest

The Shell Pernis refinery in Rotterdam.The Shell Pernis refinery in Rotterdam.
Peter Boer/Bloomberg
Shell Maintains Pace of Buybacks as Profit Beats Estimates
Shell maintains the focus on shareholder returns that has become a hallmark of the oil majors.
France Wants Total to Keep Paris Main Listing, Le Maire Says
RUSSIA-LIFESTYLE-TOURISMRUSSIA-LIFESTYLE-TOURISM
Natalia Kolesnikova/AFP/Getty Images
Russians Who Fled Abroad Return in Boost For Putin’s War Economy
As many as a million Russians fled for abroad in the first year of the Kremlin’s invasion of Ukraine.
Raiffeisen Pulls Guidance After ECB Orders Cuts to Russia Unit

Bloomberg Opinion

FRANCE-HEALTH-POLITICS-DEMOFRANCE-HEALTH-POLITICS-DEMO
Bloomberg Opinion
German-Led Austerity Didn't Work Then. It Won't Work Now.
 Stagnant growth and productivity should raise alarm bells, not rising public debt.
By Lionel Laurent, Columnist
Biden Hugs the Saudis to Strong-Arm Israel
By Andreas Kluth, Columnist
AI Can't Reject Your No Good, Very Bad Idea
By Parmy Olson, Columnist
You Can’t Call Jerome Powell a Big Teaser
By John Authers, Columnist
AUTHERSAUTHERS
Societe General SA Headquarters And Branches Ahead of EarningsSociete General SA Headquarters And Branches Ahead of Earnings
Ex-SocGen Trader Says He Was Fired After Bank Failed to Detect His Bets
A former Hong Kong-based says the French lender should share blame for failing to detect his risky bets.
SocGen Traders in Asia Exit After Options Bets Go Undetected
Crown Prince Mohammed Bin Salman has made it easier for foreign firms to operate, but a new law is also forcing them to set up headquarters in the country.Crown Prince Mohammed Bin Salman has made it easier for foreign firms to operate, but a new law is also forcing them to set up headquarters in the country.
Jeremy Suyker/Bloomberg
Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign
Kingdom’s wealth pile attracts banks, but they still face local challenges  
US and Saudis Near Defense Pact Meant to Reshape Middle East

Bloomberg News Now

Listen to the latest news: Novo Boosts Outlook, Fed's Timing Shift , More

5:38

Latest

1:08
TOPSHOT-US-ISRAEL-PALESTINIAN-CONFLICT-EDUCATION-DEMOTOPSHOT-US-ISRAEL-PALESTINIAN-CONFLICT-EDUCATION-DEMO
How Israel-Hamas War Tests Campus Tolerance of Speech
1:08
TOPSHOT-US-ISRAEL-PALESTINIAN-CONFLICT-EDUCATION-DEMOTOPSHOT-US-ISRAEL-PALESTINIAN-CONFLICT-EDUCATION-DEMO
South Africa's Former President Jacob Zuma at MKP Party LaunchSouth Africa's Former President Jacob Zuma at MKP Party Launch
Zuma's Comeback Is a Headache for South Africa's ANC
South Africa's Former President Jacob Zuma at MKP Party LaunchSouth Africa's Former President Jacob Zuma at MKP Party Launch
Tesla Launches Model Y in Malaysia for $44,000 in SE Asia PushTesla Launches Model Y in Malaysia for $44,000 in SE Asia Push
Tesla Interns Say Offers Are Getting Revoked Weeks Before Their Start Date
Tesla Launches Model Y in Malaysia for $44,000 in SE Asia PushTesla Launches Model Y in Malaysia for $44,000 in SE Asia Push

Bloomberg Businessweek

China Launches Rockets From Sea in Bid to Win the Space RaceChina Launches Rockets From Sea in Bid to Win the Space Race
China Launches Rockets From Sea in Bid to Win the Space Race
Offshore launches can improve takeoff positioning and save money on transporting rockets, but there are logistical challenges.
By Bloomberg News
Sextortion Scams Are Driving Teen Boys to SuicideSextortion Scams Are Driving Teen Boys to Suicide

More from this issue:

Sextortion Scams Are Driving Teen Boys to SuicideWhat Really Happens When You Trade In an iPhone at the Apple StoreHow Matzo Is Made
Elon Musk vs. Jeff Bezos Is America’s New Moon RaceElon Musk vs. Jeff Bezos Is America’s New Moon Race
Elon Musk vs. Jeff Bezos Is America’s New Moon Race
The billionaires’ dueling space companies anchor NASA's plan to bring astronauts to the moon for the first time in a half-century.
AI Is Helping Automate One of the World’s Most Gruesome Jobs
Advances in computer vision and machine learning allow robots to perform some of the high precision tasks required to butcher beef and chicken.
Will GM Regret Kicking Apple CarPlay off the Dashboard?
The uneasy relationship between Detroit and Cupertino is on display in a flawed rollout of GM’s new software.

Markets

ETFsCryptoDeals
General Economy As Swedish Prices Rise More Than Expected General Economy As Swedish Prices Rise More Than Expected
Swedish Bankruptcies in 21-Month Surge Show No Signs of Easing
BOJ Data Thursday May Tell If Japan Intervened Again to Spur Yen
Saudi Hospital Group Fakeeh Tees Up Riyadh’s Biggest IPO of 2024
Odd Lots: The Ultra Wealthy Have Their Own World of Real Estate (Podcast)Odd Lots: The Ultra Wealthy Have Their Own World of Real Estate (Podcast)
Listen (42:19)
Odd Lots: The Ultra Wealthy's World of Real Estate
Trump Versus Biden Advertising Windfall is No Panacea for BroadcastersTrump Versus Biden Advertising Windfall is No Panacea for Broadcasters
Newsletter: The Brink
Trump Versus Biden Advertising Windfall is No Panacea for Broadcasters

Bloomberg Originals

24:01
Why Netflix Is Betting Big on Latin AmericaWhy Netflix Is Betting Big on Latin America
Why Netflix Is Betting Big on Latin America
24:01
Why Netflix Is Betting Big on Latin AmericaWhy Netflix Is Betting Big on Latin America
24:01
GM Is Betting the Future Is ElectricGM Is Betting the Future Is Electric
GM Is Betting the Future Is Electric
24:01
GM Is Betting the Future Is ElectricGM Is Betting the Future Is Electric
10:29
Why the South China Sea Could Spark a WarWhy the South China Sea Could Spark a War
Why the South China Sea Could Spark a War
10:29
Why the South China Sea Could Spark a WarWhy the South China Sea Could Spark a War
22:31
When Jamie Dimon Speaks, the World ListensWhen Jamie Dimon Speaks, the World Listens
When Jamie Dimon Speaks, the World Listens
22:31
When Jamie Dimon Speaks, the World ListensWhen Jamie Dimon Speaks, the World Listens

Technology

AICybersecurityScreentime
Satya Nadella at Microsoft Build AI Day SummitSatya Nadella at Microsoft Build AI Day Summit
Dimas Ardian/Bloomberg
Microsoft CEO Pledges $2.2 Billion in Latest Asian AI Investment
SK Hynix Has Sold Most of Its AI Chip Capacity Through 2025
Permira Nears Deal for Israeli Fraud Protection Startup BioCatch
JPMorgan's Dimon Says Apple Is a Competitor and PartnerJPMorgan's Dimon Says Apple Is a Competitor and Partner
Watch (1:51)
JPMorgan's Dimon Says Apple Is a Competitor and Partner
Intel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMDIntel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMD
Newsletter: Tech Daily
Intel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMD

Wealth

Crypto Exchanges as Bitcoin Holds Near $42,000Crypto Exchanges as Bitcoin Holds Near $42,000
Asia’s Retail Investors Hunt for Fabled Crypto Riches
Crypto Exchanges as Bitcoin Holds Near $42,000Crypto Exchanges as Bitcoin Holds Near $42,000
Dubai Billionaire’s Children Plan to Revive Troubled World IslandsDubai Billionaire’s Children Plan to Revive Troubled World Islands
Dubai Billionaire’s Children Plan to Revive Troubled World Islands
Dubai Billionaire’s Children Plan to Revive Troubled World IslandsDubai Billionaire’s Children Plan to Revive Troubled World Islands
Chip WilsonChip Wilson
Lululemon Billionaire Pledges Shares to Goldman for Margin Loan
Chip WilsonChip Wilson
British Stocks May Be Back in FashionBritish Stocks May Be Back in Fashion
British Stocks May Be Back in Fashion
British Stocks May Be Back in FashionBritish Stocks May Be Back in Fashion

Politics

US ElectionUKEuropeMiddle EastAsia
Philippines Undertakes Supply Mission To Ayungin ShoalPhilippines Undertakes Supply Mission To Ayungin Shoal
Philippines Summons China Envoy After Water Cannon Incident
Solomon Islands Names Ex-FM Manele Leader in Win for China
Biden Calls Ally Japan ‘Xenophobic’ Along With China, Russia
Pot Industry Banking Bill Still in Congressional Limbo (Correct)Pot Industry Banking Bill Still in Congressional Limbo (Correct)
Newsletter: Washington Edition
Pot Industry Banking Bill Still in Congressional Limbo (Correct)
Big Take DC: How FOIA Unlocks Government Secrets (Podcast)Big Take DC: How FOIA Unlocks Government Secrets (Podcast)
Listen (14:30)
Big Take DC: How FOIA Unlocks Government Secrets

Explainers

UK Prepares For Possible Interest Rate IncreaseUK Prepares For Possible Interest Rate Increase
Why Mortgages and Interest Rates Are a Hot UK Election Issue
UK Prepares For Possible Interest Rate IncreaseUK Prepares For Possible Interest Rate Increase
Archegos Founder Bill Hwang & CFO Patrick Halligan Charged With Securities FraudArchegos Founder Bill Hwang & CFO Patrick Halligan Charged With Securities Fraud
Bill Hwang On Trial: The Criminal Case Against Archegos’s Founder, Explained
Archegos Founder Bill Hwang & CFO Patrick Halligan Charged With Securities FraudArchegos Founder Bill Hwang & CFO Patrick Halligan Charged With Securities Fraud
The Dollar’s Dominance, ExplainedThe Dollar’s Dominance, Explained
The Dollar’s Dominance, Explained
The Dollar’s Dominance, ExplainedThe Dollar’s Dominance, Explained
Nvidia Products and Offices In TaipeiNvidia Products and Offices In Taipei
Why AI Is So Expensive
Nvidia Products and Offices In TaipeiNvidia Products and Offices In Taipei

Industries

Real EstateEnergyHealth
Airbus Canada A220 Site Expands With A 125,000 Square Foot Sub-Assembly AreaAirbus Canada A220 Site Expands With A 125,000 Square Foot Sub-Assembly Area
Graham Hughes/Bloomberg
Airbus Reaches Deal With Canada Workers, Averting Lockout Threat
Google’s Payments to Apple Reached $20 Billion in 2022, Antitrust Court Documents Show
Carvana Shares Soar on Better-Than-Expected Profit as Sales Rise
The Deal Episode 10: Serena Williams (Podcast)The Deal Episode 10: Serena Williams (Podcast)
Listen (49:33)
The Deal Episode 10: Serena Williams
Tiny Islands Look to Space to Save Them From Global WarmingTiny Islands Look to Space to Save Them From Global Warming
Newsletter: Business of Space
Tiny Islands Look to Space to Save Them From Global Warming

Green

New EnergyGreener LivingESG Investing
Residential Solar Installation As Energy Demand In Historic DeclineResidential Solar Installation As Energy Demand In Historic Decline
Waldo Swiegers/Bloomberg
Motsepe-Backed GoSolr Plans $537 Million South Africa Expansion
One Bank Is Turning Africa’s Climate Vulnerability Into Opportunity
Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire
Zero: The bank financing Africa’s green growth (Podcast)Zero: The bank financing Africa’s green growth (Podcast)
Listen (35:50)
Zero: The Bank Financing Africa’s Green Growth
An Optimist's Guide to the Planet TrailerAn Optimist's Guide to the Planet Trailer
Watch (1:45)
An Optimist's Guide to the Planet Trailer

Pursuits

Four Magical Places in Italy That Few Tourists Know AboutFour Magical Places in Italy That Few Tourists Know About
Four Magical Places in Italy That Few Tourists Know About
Four Magical Places in Italy That Few Tourists Know AboutFour Magical Places in Italy That Few Tourists Know About
These 11 Mother’s Day Gifts Are So Much More Than Merely UsefulThese 11 Mother’s Day Gifts Are So Much More Than Merely Useful
These 11 Mother’s Day Gifts Are So Much More Than Merely Useful
These 11 Mother’s Day Gifts Are So Much More Than Merely UsefulThese 11 Mother’s Day Gifts Are So Much More Than Merely Useful
This Beauty Pioneer Is Taking the Next Generation Under Her WingThis Beauty Pioneer Is Taking the Next Generation Under Her Wing
This Beauty Pioneer Is Taking the Next Generation Under Her Wing
This Beauty Pioneer Is Taking the Next Generation Under Her WingThis Beauty Pioneer Is Taking the Next Generation Under Her Wing
Giant diptych Murals on walls along the Meuse River in Liege, Wallonia, BelgiumGiant diptych Murals on walls along the Meuse River in Liege, Wallonia, Belgium
An Overlooked Belgian City Has Quietly Become a Street-Art Haven
Giant diptych Murals on walls along the Meuse River in Liege, Wallonia, BelgiumGiant diptych Murals on walls along the Meuse River in Liege, Wallonia, Belgium

Economics

Inflation & PricesIndicatorsCentral Banks
Production of new King Charles III £10 banknotes.Production of new King Charles III £10 banknotes.
Source: Bank of England
Record Cash Demand Spurs Speculation BOE Will End Bond Sales
World Economy Looks to Dodge Stagflation Rut as Outlook Perks Up
OECD Puts Britain at Bottom of G-7 Growth League Next Year
The Spotlight’s on Powell as Fed-Easing Dream FadesThe Spotlight’s on Powell as Fed-Easing Dream Fades
Newsletter: Economics Daily
The Spotlight’s on Powell as Fed-Easing Dream Fades
Instant Reaction: Jay Powell on Fed Policy (Podcast)Instant Reaction: Jay Powell on Fed Policy (Podcast)
Listen (26:38)
Instant Reaction: Jay Powell on Fed Policy

CityLab

Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
Billionaire-Backed Effort to Build New California City Advances to November Ballot
Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. 
Also Migrating From Latin America: A Wave of Urban Innovation
The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. 
US-TRANSPORT-LIFESTYLEUS-TRANSPORT-LIFESTYLE
NYC Budget Will Consider Climate Impacts of Spending
US-TRANSPORT-LIFESTYLEUS-TRANSPORT-LIFESTYLE
American Eagle to Relocate NYC Offices to Madison Avenue TowerAmerican Eagle to Relocate NYC Offices to Madison Avenue Tower
American Eagle to Relocate NYC Offices to Madison Avenue Tower
American Eagle to Relocate NYC Offices to Madison Avenue TowerAmerican Eagle to Relocate NYC Offices to Madison Avenue Tower

Work + Life

Work ShiftEqualityBusiness of Sports
Key Speakers At The GeekWire Summit Key Speakers At The GeekWire Summit
David Ryder/Bloomberg
Amazon CEO’s Comments Violated Labor Law, NLRB Judge Rules
NCAA Sued for ‘Unfair’ Limits on Student Athlete Contracts
Tesla’s Head of Human Resources Exits as Staff Upheaval Spreads
Michael Andretti Plans to Finally Conquer F1Michael Andretti Plans to Finally Conquer F1
Watch (24:01)
Michael Andretti Plans to Finally Conquer F1
Overturning Weinstein’s Rape Conviction Fires Up #MeToo AgainOverturning Weinstein’s Rape Conviction Fires Up #MeToo Again
Newsletter: Equality
Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again

Markets Magazine

Markets Magazine_EgyptMarkets Magazine_Egypt
Hemis / Alamy
UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
By Mirette Magdy and Michael Gunn
The Errors Tour: How the Pros Bungled the End of Zero Interest RatesThe Errors Tour: How the Pros Bungled the End of Zero Interest Rates

More from this issue:

The Errors Tour: How the Pros Bungled the End of Zero Interest RatesWhy NYC Apartment Buildings Are on Sale Now for 50% OffThe Most Costly Investment Mistake You Can Make Is Easy to Avoid
SurveillanceSurveillance
Surveying the World’s Path From Fossil Fuels to Clean Energy
Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste. 
What to See and Do in Doha, the New Art Boomtown in the Gulf
Qatar’s capital is aiming to become a culture hub—and boost its global image—with a host of museums, big-name exhibitions and rich collections of contemporary and Islamic works.
The Errors Tour: How the Pros Bungled the End of Zero Interest Rates
A look at the ways forecasters, traders and executives missed the mark over the past two years. And at the lessons learned.
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